Property Analysis For: 4062 Wales Ave
Year123456789101112131415
Revenue
Rental Income11,70012,08612,48512,89713,32313,76214,21614,68515,17015,67116,18816,72217,27417,84418,433
Expenses (Recurring)
Mortgage Payment 6,4516,4516,4516,4516,4516,4516,4516,4516,4516,4516,4516,4516,4516,4516,451
Estimated Annual Property Taxes7187407627858088328578839109379659941,0241,0541,086
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,8417,8837,9267,9708,0158,0628,1118,1608,2128,2658,3198,3758,4338,4928,553
Annual Cash Flows 3,8594,2044,5594,9275,3075,7006,1066,5256,9587,4067,8698,3478,8419,3529,879
Expenses (Periodic)
Vacancy Costs94483499516533550569587607627648669691714737
Maintenance & Repairs09069369679991,0321,0661,1011,1381,1751,2141,2541,2961,3381,382
Tenant Placement Credit-48800000000000000
Tenant Placement/Lease Renewal Fees488200200537200200200612200200200697200200200
Total Expenses (Periodic)941,5901,6362,0211,7321,7831,8352,3011,9452,0022,0622,6202,1862,2522,320
Total Return On Investment
Acquisition Down Payment-28,350000000000000028,350
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,7662,6142,9242,9073,5753,9174,2714,2245,0145,4045,8075,7276,6557,1007,560
Tax Savings1,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,299-12,123
Principal Paydown0000000000000023,338
Estimated Home Price Appreciation 00000000000000148,912
Total Selling, Holding & Closing Costs00000000000000-26,231
Total Capital In/Out-29,7863,9134,2234,2064,8745,2165,5705,5236,3136,7037,1067,0267,9548,399169,806
Total Return On Investment (IRR)22.87%
Returns are estimated and not guaranteed. Actual investment performance, including IRR, varies and cannot be precisely predicted. Assumptions should be independently assessed. There may be other additional costs.